New Delhi, Oct 23 (NationPress) India’s consumer and retail sector has demonstrated impressive deal activity in Q3 2025, with a total of 132 transactions valued at $3.4 billion—a growth of 6 percent in volume and 9 percent in value compared to Q3 2024, as reported on Thursday.

As outlined in Grant Thornton Bharat’s Consumer and Retail Dealtracker, if we exclude public market deals, mergers and acquisitions alongside private equity (PE) activities accounted for 121 deals worth $2.3 billion, reflecting a remarkable 168 percent increase in value quarter-on-quarter.

This surge was propelled by five significant deals exceeding $100 million and 26 transactions above $10 million, which together contributed $2 billion or 89 percent of the total deal value, indicating robust investor confidence in scalable, brand-driven, and growth-oriented consumer ventures, the report stated.

“The third quarter marked a significant rebound for India’s consumer and retail sector, with deal volumes escalating to 132 and values surpassing $3.4 billion, nearly quadrupling the values of the preceding quarter. This recovery was spearheaded by renewed investor interest in textiles, apparel, and accessories, alongside sustained engagement in food processing and e-commerce,” commented Naveen Malpani, Partner and Consumer Industry Leader at Grant Thornton Bharat.

These segments symbolize the convergence of traditional strengths with digital disruption that is shaping India's consumption narrative.

The quarter also saw a revival in outbound M&A activities, with Indian consumer firms seeking cross-border acquisitions to broaden their product lines and enhance their global presence, Malpani further noted.

Textiles, apparel, and accessories continued to be a prime focus, attracting substantial M&A and private equity investments, while the food processing and e-commerce sectors thrived, capitalizing on festive season momentum—with online sales witnessing a surge and quick commerce capturing growing consumer interest.

The increase in average deal size to $18.8 million from $7.2 million in Q2 underscores a transition towards value-driven transactions, supported by larger, capital-intensive deals and selective strategic investments throughout the sector, according to the report.

Public market activity in Q3 2025 experienced a robust resurgence, with six IPOs and five QIPs raising over $1.1 billion, reflecting a significant 5.5 times increase in volumes and a rise from $36 million in Q2 2025.